Comprehensive Income

6 Months Ended

Jun. 30, 2018

The following tables present the tax effects allocated to each component of Other comprehensive income (loss):



	For the Three Months Ended June 30,
	2017									2018
	Pre-Tax			Tax Benefit (Expense)			Net of Tax			Pre-Tax			Tax Benefit (Expense)		Net of Tax
Foreign currency translation adjustment	$	26.9		$	—		$	26.9		$	(20.2	)	$	—	$	(20.2	)
Change in net realized and unrealized gain (loss) on derivative securities	(0.6		)	(0.0		)	(0.6		)	0.0			—		0.0
Change in net unrealized gain (loss) on investment securities	(7.1		)	3.1			(4.0		)	—			—		—
Other comprehensive income (loss)	$	19.2		$	3.1		$	22.3		$	(20.2	)	$	—	$	(20.2	)



	For the Six Months Ended June 30,
	2017								2018
	Pre-Tax			Tax Benefit (Expense)		Net of Tax			Pre-Tax		Tax Benefit (Expense)		Net of Tax
Foreign currency translation adjustment	$	39.1		$	—	$	39.1		$	8.9	$	—	$	8.9
Change in net realized and unrealized gain (loss) on derivative securities	(0.9		)	0.0		(0.9		)	0.3		—		0.3
Change in net unrealized gain on investment securities	0.2			0.7		0.9			—		—		—
Other comprehensive income (loss)	$	38.4		$	0.7	$	39.1		$	9.2	$	—	$	9.2

The components of accumulated other comprehensive income (loss), net of taxes, were as follows:



	Foreign Currency Translation Adjustment			Realized and Unrealized Gains (Losses) on Derivative Securities			Unrealized Gains (Losses) on Investment Securities⁽¹⁾			Total
Balance, as of December 31, 2017	$	(85.9	)	$	(0.4	)	$	2.1		$	(84.2	)
Other comprehensive income before reclassifications	8.9			0.0			—			8.9
Amounts reclassified	—			0.3			(2.1		)	(1.8		)
Net other comprehensive income (loss)	8.9			0.3			(2.1		)	7.1
Balance, as of June 30, 2018	$	(77.0	)	$	(0.1	)	$	—		$	(77.1	)

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⁽¹⁾	In connection with the Company’s adoption of ASU 2016-01, the unrealized losses on investment securities, which related to the non-controlling interests, were reclassified to Non-controlling interests.